Net Worth Ranker
What Is Travis Scott’s Net Worth?
As of today, Travis Scott, the American rapper, singer, songwriter, and record producer, boasts a net worth of $80 million. His earnings are primarily derived from music sales, touring, endorsements, and strategic business ventures. At his peak, Travis Scott was one of the highest-paid and most popular rappers in the world. In a typical touring year, his total earnings from these various endeavors could range from $40 million to $60 million.
Travis Scott’s Early Life and Career Beginnings
Born Jacques Berman Webster II on April 30, 1992, in Houston, Texas, Travis Scott’s early life involved living with his grandmother in the high-crime area of South Park until the age of six. Subsequently, he moved to Missouri City, a middle-class suburb southwest of Houston, to reside with his parents. He attended and graduated from Elkins High School. Scott later enrolled at the University of Texas at San Antonio but dropped out during his sophomore year to pursue a full-time music career.
Scott’s journey into music began with forming “The Graduates” alongside longtime friend Christ Holloway. They released their untitled first EP on Myspace in 2008. In 2009, he formed “The Classmates” with schoolmate OG Chess, releasing two projects together. After leaving college, Travis moved to New York City and worked with Mike Waxx. Dissatisfied with his lack of progress, he moved to Los Angeles after four months, sleeping on a friend’s couch while continuing to produce music.
Travis Scott’s Music Career
Travis Scott’s first solo full-length project, a mixtape titled “Owl Pharaoh,” was initially slated for release as a free download in 2012. However, it was delayed due to sample clearance issues and eventually released in May 2013 on the iTunes store. In March 2014, he showcased his talent at the South by Southwest (SXSW) music festival in Austin, Texas, before releasing his second mixtape, “Days Before Rodeo,” in August 2014.
His first studio album, “Rodeo,” was released in September 2015 by Grand Hustle and Epic Records. This album featured guest appearances from several artists, including Quavo, Juicy J, Kanye West, The Weeknd, Swae Lee, and Justin Bieber. “Rodeo” debuted at number three on the US Billboard 200 chart.
In September 2016, his second studio album, “Birds in the Trap Sing McKnight,” marked a significant milestone, becoming his first number-one album on the US Billboard 200. The same month, Scott signed a worldwide deal with Universal Music Publishing Group, further solidifying his position in the music industry. In December 2017, Scott’s collaborative album with Quavo from Migos, “Huncho Jack, Jack Huncho,” was released. His third solo album, “Astroworld,” was released in August 2018. The album’s second single, “Sicko Mode,” reached number one on the Billboard Hot 100, becoming his highest-charting solo single. In 2019 he released a collaborative album, “JackBoys,” from his Cactus Jack record label, featuring artists such as Don Toliver, Sheck Wes, and producer Chase B.
Scott has collaborated with several notable artists, including Young Thug and Quavo on “Pick Up The Phone” (2016), which was certified double platinum by the RIAA, Drake on “Portland” (2017), Kris Wu on “Deserve” (2017), Kanye West and Lil Uzi Vert on “Watch” (2018), and The Weeknd and SZA on “Power is Power” (2019) for the HBO series “Game of Thrones.”
Beyond his work as a performer, Scott has also been recognized as a producer, serving as executive producer on Kanye West’s G.O.O.D. Music label’s compilation album “Cruel Winter.” He has also produced songs and albums for artists such as Kanye West, Jay-Z, Trinidad James, Big Sean, John Legend, Drake, and Madonna and Rihanna’s hit single “Bitch Better Have My Money.”
Scott’s contributions to the music industry have been acknowledged at various award ceremonies. These include his People’s Champ Award win at the 2016 BET Hip Hop Awards and his Top Streaming Song (Audio) win for “Sicko Mode” at the 2019 Billboard Music Awards. He also received a nomination for Album of the Year at the 2017 Grammys as a featured artist on Justin Bieber’s album Purpose, and additional Grammy nominations in 2018 and 2019, including Best Rap Album and Best Rap Song.
Travis Scott’s Endorsements and Business Ventures
Beyond his musical endeavors, Scott has developed partnerships with well-known brands. His official partnership with Nike began in 2017, when he starred in a Nike campaign for the VaporMax sneaker in May of that year. Scott released his first shoe with Nike, an Air Force 1 sneaker collaboration, in December 2017, followed by the Travis Scott x Air Jordan 4 “Cactus Jack” release in June 2018; Travis Scott x Nike Air Force 1 “Sail” release in August 2018; and Travis Scott x Nike SB Dunk release in February 2020.
Scott has also delved into the world of design with a capsule collection inspired by his Texan roots, released with fashion brand Helmut Lang in early 2017. Additionally, Scott starred in an advertising campaign for the Saint Laurent Spring/Summer 2019 collection. The luxury house produced the music video for his 2019 track “Can’t Say,” providing his full wardrobe for the project. Travis was also in a 2018 Fortnite-themed Samsung commercial alongside streamer Tyler “Ninja” Blevins.
In 2020, Travis signed a $20 million endorsement deal with McDonald’s. The collaboration resulted in the “Travis Scott Meal,” which included a Quarter Pounder with cheese, bacon, and lettuce, medium fries with BBQ sauce, and a Sprite. The promotion also included a line of merchandise, such as t-shirts, hats, and accessories, featuring the Cactus Jack logo and McDonald’s branding.
Travis Scott’s Real Estate Portfolio
In 2019, Scott acquired a 12,000-square-foot home in his native Houston for $14 million. Built in 2005, the home is situated on 1.5 acres within a gated community, offering privacy and security.
In June 2020, Scott expanded his real estate holdings with the purchase of a mansion in Brentwood, Los Angeles, for $23.5 million. In 2021, he acquired the home next door to his Brentwood property for a little under $6 million.
In October 2018, Kylie Jenner and Scott co-acquired a home in Beverly Hills, CA, for $13.45 million. This property was listed for sale in October 2022 for a little under $22 million.
Travis Scott’s Earnings and Financial Milestones
Between September 2017 and September 2018, Scott earned $20 million from touring, record sales, and his Nike endorsement deal. This placed him among the 15 highest-paid rappers globally for that year. From June 2018 to June 2019, his earnings increased to $60 million, significantly boosted by his Astroworld tour, which grossed $65 million. Between June 2019 and June 2020, Scott earned $40 million.
Travis Scott’s Cactus Jack Foundation
The Cactus Jack Foundation, established by Travis Scott, focuses on providing educational and creative resources to young people. The Foundation has undertaken several initiatives. One notable initiative is the Waymon Webster Scholarship Fund, named after Scott’s grandfather. This fund provides scholarships to students with financial needs who attend Historically Black Colleges and Universities (HBCUs). The Foundation has also organized and supported various community events, including toy drives, back-to-school programs, and creative workshops. These events are designed to provide resources and opportunities to underprivileged youth, fostering creativity and education.
